A couple weeks ago, I came in to work on a Monday morning and everything was going as usual until my phone rang, and I answered to a recording from the Internal Revenue Service telling me if I didn’t call back immediately, I could be under arrest for some money I owed.

Luckily for me, I knew this wasn’t the case and was already aware that there were some scam-calls going around from the “IRS”. During these calls, you’ll be asked to call a number back immediately and to provide personal information. The fraud operators will likely steal your information and ask that you pay money that you “owe”.

We take the protection of our clients’ information and money very seriously at Warren Street Wealth Advisors and wanted to share some tips on what to look out for if you get one of these calls.

The IRS will NEVER:

Call to demand for immediate payment

Ask for your credit or debit card number over the phone

Threaten to bring in local police or other law-enforcement groups to have you arrested for not paying

Veronica Torres is an Investment Advisor Representative of Warren Street Wealth Advisors, a Registered Investment Advisor. The information posted here represents her opinions and is not meant as personal or actionable advice to any individual, corporation, or other entity. Any investments discussed carry unique risks and should be carefully considered and reviewed by you and your financial professional. Nothing in this commentary is a solicitation to buy, or sell, any securities, or an attempt to furnish personal investment advice. We may hold securities referenced in the blog and due to the static nature of content, those securities held may change over time and trades may be contrary to outdated posts.

Join our email list

Want to stay up to date on all our content?

Learn how to give yourself the edge when it comes to your finances.

Recent Posts

by Justin D. Rucci, CFP® Chances are if you are reading this, you’re already at least somewhat familiar with a Roth IRA. While the contribution limit will vary over time, in 2019 the limit is $6,000, plus an additional $1,000 catch up contribution for individuals over the age of 50. This limit is per individual, […]

WSWA Monthly Market Commentary for February 2019 Key Takeaways Commodities took the lead in February with a year-to-date return of 13.14% as oil prices recovered from the supply/demand imbalance during the second half of 2018 The S&P 500 index is on pace for its biggest early-year advance in nearly 30 years, due in part to […]

WSWA Monthly Market Commentary for January 2019 Key Takeaways All major asset classes were up strongly in January, one of the best yearly starts in recent memory, despite the month-long partial government shutdown in the U.S. and continuing uncertainty internationally about the economic impact of trade tariffs and the U.K. ‘Brexit’ negotiations Global real estate […]

Here Are The Things All Employees Should Be Aware of Regardless of Where You Work By Justin D. Rucci, CFP® As many of you are likely aware, PG&E recently announced a bankruptcy filing as the result of roughly $30B in potential liabilities stemming from recent California wildfires. Regardless of whether or not you work for a […]

Contact Us

As a Registered Investment Advisor, Warren Street Wealth Advisors, LLC is required to file form ADV to report our business practices and conflicts of interest. Please call to request a copy at 714-876-6200.